What if the next President of the United States was a strong supporter of Bitcoin? This idea may seem fanciful, but it would seem that Robert F. Kennedy Jr., potential Democratic presidential candidate, is a real pro-Bitcoin. He does not hesitate to praise the merits of Satoshi’s invention, considering that in the face of a struggling economy and the stranglehold of central banks on the currency, Bitcoin could be the long-awaited safe haven solution. So, Bitcoin in the White House?
Bitcoin, an escape route to face an impending financial apocalypse
As the global economy finds itself once again haunted by the subprime mortgage crisis of 2008, it is clear that traditional monetary policies are on their last legs. Even a staunch supporter of central bankers could not ignore how rotten the system is. Major banks, such as Silicon Valley Bank and Credit Suisse, are already struggling, suggesting the worst.
In this context, Bitcoin presents itself as an emergency solution, even a survival solution for the difficult times ahead. And believe me, many have already figured out that this is precisely Bitcoin’s raison d’être: to protect against the limits of trust-based currencies.
In the United States, the Federal Reserve is heavily criticized for its economic actions. Thus, in the State of Texas, regulators are seeking to free themselves from the American dollar. They have also announced the creation of a stablecoin backed by gold.
Recently, potential Democratic candidate Robert F. Kennedy Jr. made headlines by aligning himself with Bitcoin. The nephew of the illustrious assassinated president John Fitzgerald Kennedy, he is aiming for the presidency of 2024. In a publication on his account Twitterhe sharply criticized the traditional monetary system.
The aspiring US president believes Bitcoin (BTC) and other cryptocurrencies can help the public escape a financial system he calls a “bubble”. Kennedy recently accused the Biden administration of launching “hostile broadsides” against cryptocurrencies, and considers that these digital assets could offer an escape route in the face of an impending financial apocalypse.
“Between 2008 and 2022, the Fed partnered with a handful of big banks to print $10 trillion – ten centuries of wealth in 15 years – a boon for the Banksters. (…) Cryptocurrencies like Bitcoin offer the public an escape route from the splash zone when this bubble invariably bursts. The White House is therefore colluding with the banksters to keep us all trapped in the bubble of profit and control.”
Robert F. Kennedy Jr.
US CBDC Could Mean Financial Slavery
There is more to fear than previously thought regarding the establishment of a CBDC in the United States.
Robert F. Kennedy Jr. sees Bitcoin as a solution to central banks. However, he fears that the US CBDC could lead to financial slavery. The launch of FedNow raises concerns.
Kennedy fears this will allow central bankers to intervene destructively in the economy. After all, the Fed has already printed billions of dollars with the banks, providing a boon to the banksters.
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